Cement News tagged under: Turkey
Holcim Awards 2014 winners for Africa Middle East announced in Beirut17 October 2014, Published under Cement NewsThe 12 winning projects of the Holcim Awards 2014 Africa Middle East have been announced in Beirut, with a green building in Turkey, an urban forest rehabilitation in Lebanon, and a low-cost housing plan in Ethiopia receiving the top prizes. The projects, which were recognised with a total of USD330,000 in prize money, focus mainly on enhancing social and environmental resilience, as well as the economy of construction, Holcim said in a statement. "The winning submissions show the developme... |
Turkey: CRH and Eren Holdings plan sale of JV03 October 2014, Published under Cement NewsCRH and its Turkish partner Eren Holdings have applied to Turkey's competition regulator to sell their joint venture, Denizli Cimento, to army pension fund OYAK Group, according to a statement on the watchdog's website. Irish building materials major CRH and Istanbul-based Eren each hold a 50 per cent stake in Denizli. No price was given for the disposal. CRH has embarked on a disposal plan under new chief executive Albert Manifold and plans to sell at least 10 per cent of its net as... |
Sabanci Holding eyes LafargeHolcim assets24 September 2014, Published under Cement NewsTurkish conglomerate Sabanci Holding plans to bid for some of the assets Lafarge and Holcim must sell to receive approval from competition watchdogs ahead of its planned merger, a source with knowledge of the deal told Reuters. Sabanci is aiming for growth through acquisitions and said in March that it plans to spend TRL1-1.5bn (US$448-672m) on such investments. "Preparations are being made for a bid in December," the source said, adding that Sabanci is interested mainly in European busine... |
CRH to sell Turkish joint venture14 August 2014, Published under Cement NewsCRH and its Turkish partner, Eren Holding AS, have hired JPMorgan Chase & Co to help sell their cement joint venture in Turkey, according to reports in the Irish Times. Sources familiar with the matter say that three potential bidders are among those shortlisted and the sale process for Denizli Cimento Sanayaii TAS could be finalised as early as October. Companies including Sabanci Holdings, Limak Holding AS and Oyak are reportedly interested in the unit in which CRH holds a 50 per cent sta... |
Turkish producers divest of power unit08 August 2014, Published under Cement NewsTurkish cement producers Batisoke Soke Cimento Sanayii and Baticim Bati Anadolu Cimento Sanayii have sold their jointly-owned power unit Tezli Dere Elektrik Uretimi. Batisoke has sold its 36 per cent stake in the power company to local investors Salih Yaman and Huseyin Sumer for a total of US$216,150, while Baticim has sold its 64 per cent stake to Salih Yaman for US$383,850, the cement companies said in separate bourse filings on Wednesday. |
A TEC awarded preheater optimisation contract at Turkish cement works21 July 2014, Published under Cement NewsA TEC Production & Services GmbH has been awarded an engineering contract for the upgrade and efficiency optimisation of Çimentas Elazig’s preheater at its cement plant in Elazig in Anatolia, Turkey. The scope of modifications comprises the redesign of all four cyclone stages, riser ducts and related equipment with the target to reduce the total preheater pressure drop by approximately 25 per cent and increase of the production capacity by at least eight per cent on a sustainable basis. T... |
Turkey: Cimsa acquires local cement producer17 July 2014, Published under Cement NewsSabanci group company Cimsa has acquired fellow Turkish producer Sancim Bilecik Cimento in a deal reportedly worth US$220.7m. The company signed the contract allowing it to purchase 100 per cent of Sançim Bilecik’s shares, according to a statement released by the Public Disclosure Platform (KAP) The transfer price of the shares, a nominal value of TRY87.5m has been set as US$220.7m, the statement said. Sançim was previously owned by Sönmez Holding (43 per cent), Aunde Teknik (38 per cent)... |
Turkey: follow-up Bolu Cimento order for Gebr Pfeiffer13 June 2014, Published under Cement NewsDuring its 150th anniversary celebrations Gebr Pfeiffer SE received another order from Bolu Cimento Sanayii AS, Turkey. In addition to the three MPS mills ordered in December 2013 for Ankara-Kazan works, the new order will see Gebr Pfeiffer supply a further MPS 4500 BC mill for the grinding of granulated blast-furnace slag which will be set up at Bolu works. The mill will be identical to the cement mill that is being installed in Kazan. Featuring a 3300kW drive power, the mill is designed t... |
Gebr Pfeiffer awarded contracts in Turkey, Iraq and Malaysia12 June 2014, Published under Cement NewsGebr Pfeiffer has been awarded new contracts for its grinding technology in Turkey, Iraq and Malaysia. Four mills for Elazig cement works in Turkey In Turkey, Bilim Makina Insaat Sanayi ve Tic A/S has placed another order for four mills for its cement works in Elazig, situated to the east of Ankara. The order covers an MPS 250 BK roller mill with a drive power of 500kW for coal grinding and two safety shut-off dampers. The mill is designed to yield 35tph of petcoke, with the material bei... |
Third Siwertell road-mobile cement unloader order helps with Libyan reconstruction10 June 2014, Published under Cement NewsThe Turkish construction services company Mussa Insaat Dis Ticaret Ltd of Istanbul has ordered a further road-mobile Siwertell 10 000 S cement unloader from Cargotec. The trailer-based, diesel-powered unit will have a rated discharge capacity of 300tph and will be equipped with a dual bellows system and dust filter. Delivery is scheduled for the end of September 2014. "This is the third road-mobile cement unloader order for the same customer within a very short period," says Jörgen Ojeda, ... |